Investment
- In 2017-2023
- 500 state functions aimed at regulating business were abolished.
- 132 types of licenses and permits were annulled.
- The profit tax for them was reduced from 20% to 12%.
- Customs duties on more than 7,000 types of raw materials and goods necessary for investors were abolished.
- The international rating agency "S&P" assessed Uzbekistan's sovereign credit rating as "BB-".
- Fitch Ratings also assessed O'zbekistan credit rating as "BB-".
- Investors are provided with tax benefits in the form of exemption from land tax, property tax, and water use tax:
- - From $300,000 to $3 million – for a period of 3 years;
- - From $3 million to $10 million – for a period of 5 years;
- - Over $10 million – for a period of 7 years.
